Lessons from the Biofuel Industry in Brazil

Brazil is a leading developer of biofuels and a leading promoter of the increased use of flex-fuel automobiles. Not only are these decisions showing positive benefits in reducing carbon output for environmental health, but also Brazil has established itself as a technology exporter that brings positive economic benefits. This economic benefit relies on science and technology policy, research and development activity, as well as the need for intellectual property protection. The objective of this paper is to review the evident economic benefits of biofuels in Brazil and analyze the close relationship between technological development and intellectual property protection. Associated Report